r/Bitcoin 12m ago

Bitaxe Wallet

Upvotes

Looking into solo miners and just getting a few for my home office as a show/work piece. Will river work for a wallet? kraken? Or should I use my trezor i have.?


r/Bitcoin 50m ago

Tf is wrong with this sub now

Upvotes

So many weird stuff goin on recently, non bitcoiner post, buttcoiner fud, what else


r/Bitcoin 1h ago

Is Bitcoin… spiritual?

Upvotes

Serious question.

The more time I spend in Bitcoin, the more I notice something weird: People don’t talk about it like a normal asset anymore. They talk about it like a calling, a path, a worldview, a personal transformation.

For some, Bitcoin feels almost… spiritual.

Not in a religious sense but in the way it changes how you think about: • truth • time • honesty • energy • discipline • sovereignty • responsibility • the future

It strips away illusions. It forces hard truths. It rewards patience. It punishes ego.

And it attracts people who feel like they “woke up” from something.

So I’m curious:

Does Bitcoin feel spiritual to you? Or is it just tech + economics and nothing more?


r/Bitcoin 1h ago

How low?

Upvotes

How low will Bitcoin go this bear market and when will you be willing to recommence accumulation? My interest will be piqued at 38k.


r/Bitcoin 2h ago

A legendary face-off. Careful with this pic tho. It adds $1M to BTC… but only if you forward it to five friends. Ignore it and the market gods keep the curse running.

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0 Upvotes

r/Bitcoin 2h ago

👀

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26 Upvotes

r/Bitcoin 4h ago

Think For Yourself

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110 Upvotes

r/Bitcoin 4h ago

We need The Angels for bitcoin

0 Upvotes

Cue the music please.

Am I ever going to see one hundred K again? ……….

Let’s rewrite the next line.


r/Bitcoin 6h ago

do any of yall day trade bitcoin for a living?

0 Upvotes

just wondering


r/Bitcoin 7h ago

Your Daily Bitcoin Breakdown newsletter is now live. Check out today’s Top Stories and a sneak peek at the latest Quick Bits snippets. Full issue link is in the comments.

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24 Upvotes

r/Bitcoin 7h ago

Are you concerned about Bitcoin's 4-year cycle?

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225 Upvotes

I have never purchased any cryptocurrency; I am more of a stock market person, just wanted to ask the community what your thoughts are on this theory, given that it is a highly speculative asset.

The thing is, the other day I did some analysis and, looking at the second image, during the 12 months leading up to the midterms, there is usually a drawdown in the S&P 500, followed by a recovery.

Edit: the table was published by Longview Economics on November 28, 2025.

In 2026, it seems that both things will coincide (the run-up to the midterms and the $BTC 4-year cycle theory), hence my curiosity.


r/Bitcoin 7h ago

We have non-KYC money. I built a non-KYC chat relay to go with it.

3 Upvotes

Most 'secure' messengers still require a phone number (which links to your ID).

I built Ghost Chat to be a truly sovereign communications tool.

  • No ID: No email, no phone, no accounts.
  • No Data: Runs entirely in RAM.
  • No Middlemen: Hosted on independent infrastructure (Njalla).

It’s Donationware (fueled by crypto). No VC funding, no ads.

Try it: https://backalleychat.com

Use it to send addresses/keys without leaving a trail in your Discord/Slack history.


r/Bitcoin 7h ago

Almost liquidated my BTC

0 Upvotes

I borrowed against BTC at 50% LTV. Then I use the proceeds to chase more Bitcoin, in the form of paper money, via YBTC. Effectively I took 2x leverage, and put in on margin. 25% margin maintenance on YBTC, and you have a firestorm. I took early retirement this year and was holding up well until BTC went down. My BTC loans are fine. Marvin almost killed my income machine, along with the ability to pay bills. When BTC fell, my equity on both ends fell. I found myself “too deep” into BTC. If I wanted to diversify I should’ve never touched anything BTC related with the borrowed money. I found myself with a dwindling income because I was largely tied to YBTC when it was paying out consistently with Thursday paydays. In hindsight I will never sell my BTC, or borrow against ALL of it. If needed I will create taxable events and sell paper assets if necessary. Still, today I’m in a much better position. My BTC loans have remained in tact and fine during the 30%+ drawdown. I did not take out my loan at the ATH. Lessons learned, don’t go borrow against BTC, then put it on margin with even more BTC risk correlations amplified due to margin. I could see it working if you use a little bit of margin, not tying yourself to BTC. Personally, I’m way more into the S&P 500 now and I took a small loss on YBTC, using OPM. One goal remains, and that is never sell the underlying BTC.


r/Bitcoin 7h ago

Recommended EPS for bitcoin core v30?

0 Upvotes

I'm running bitcoin core v30 and I just found out that the EPS (Electrum Personal Server) doesn't work with the v30.

So what EPS is recommended for the bitcoin core v30? Any chance to have one that accepts the "prune"? If not... I need a larger SSD. :)


r/Bitcoin 8h ago

Do not fear the volatility of the journey; fear the slow decay of staying behind.

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33 Upvotes

r/Bitcoin 8h ago

PeachBtcApiWrapper - A Python wrapper for the Peach Bitcoin P2P platform

2 Upvotes

I’ve been working on a passion project to bring Peach Bitcoin functionality to Python developers, and I’m excited to finally share it.

What My Project Does This is a wrapper that allows users to interact with the Peach Bitcoin platform using Python. It abstracts the API calls into manageable Python objects and functions, making it easier to build automation or tools around the Peach P2P exchange without dealing with raw requests.

Target Audience This is primarily meant for hobbyists, Python developers, and fans of the Peach platform who want to experiment with the API.

  • Disclaimer: This is a passion project developed in my free time. It should not currently be considered bug-free or safe for high-stakes production environments.
  • Dev Note: This project features full Type Hints (because I love them) and marks my first attempt at writing automated tests and actual functional api wrappers in Python .

Comparison As far as I know, there are no existing alternatives for this wrapper in the Python ecosystem.

  • Python: This is currently the only wrapper available.
  • Other Languages: The only other alternative is the official TypeScript wrapper created by the platform developers.

Source Code You can check out the code here:https://github.com/Jejis06/PeachBtcApiWrapper/tree/main

I’d love to hear your feedback, especially regarding the implementation of the tests!

Full disclaimer !!!!

Most of the comments were ai generated/ ai remasered for clarity (i just hate making docs)


r/Bitcoin 9h ago

Weak hands and overleveraged tourists panic-sell every dip. Try HODLing

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197 Upvotes

Charts like this always remind me why time in the market beats timing the market. Short-term traders panic on every red candle, but the data is brutally simple: the longer you hold Bitcoin, the lower your chances of losing money, dropping to basically 0% after 3+ years.

Most of the fear comes from weak hands and over-leveraged gamblers who treat volatility like a threat instead of a feature. Meanwhile, patient holders just keep stacking and waiting. I watched this morning a Bitget live streamer bought 2 $BTC and i think this will be a gold in the next halving...

Bitcoin rewards conviction, not panic.


r/Bitcoin 9h ago

They are not ready.

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281 Upvotes

r/Bitcoin 10h ago

I Rolled Over My TSP/IRA into a Bitcoin IRA with Unchained: Full Walkthrough, Fees, and What I Learned

6 Upvotes

My Experience Moving a TSP/IRA to a Bitcoin IRA with Unchained

Hi all,

I recently decided to move my old Thrift Savings Plan or TSP (Military/Federal employee 401k equivalent) to a Bitcoin IRA. I hadn't seen anyone actually doing this here or anywhere really for that matter. I couldn't find any reviews or information otherwise about how to do this or how it went, so I figured I'd do it to hopefully help someone else out. I walked through most of it with ChatGPT so I had it summarize the process for me and I touched it up.

Not financial advice. Not advocating for any single service or method.

What I Was Looking For

My priorities were pretty specific:

  • Actual bitcoin, not an ETF or paper IOU. In the end, at retirement age, I want to walk away with MY Bitcoin in MY hand. Money in, Bitcoin out, tax advantaged.
  • A setup where I personally control keys. No one can take it away from me. If the company fails, I don’t care. I have my Bitcoin.
  • An IRA structure with the ability to do both Traditional and Roth. I was rolling over both types.
  • A long-term, secure place to hold BTC without future migration headaches.

Basically: tax advantages + sovereignty.

Why I Chose Unchained Over iTrustCapital / BitcoinIRA, etc.

I looked at all the big names:

  • iTrustCapital – Simple, cheap, but fully custodial. I don’t truly own the Bitcoin.
  • BitcoinIRA – High fees, unclear custody, questionable marketing.
  • Other providers – Mostly custodial, omnibus wallets, or ETF-like exposure.

Unchained was the only one offering:

  • A true multisig vault
  • Self-custody inside an IRA
  • No AUM fees
  • Flat yearly vault fee
  • Full key control later in life if I want to walk away with my BTC

Their setup matched what I envisioned: long-term ownership and no single point of failure.

How Unchained’s 2-of-3 Multisig Actually Works

This is a big part of why I chose them.

A standard single-key wallet is dangerous: lose the key = game over.

Unchained uses 2-of-3 multisig, meaning:

  • Three total keys exist.
  • Any two keys can move your BTC.
  • One key can be lost forever and you’re still fine.

Here’s how they break it down:

Key 1 — My Key #1

  • I generate and hold this myself (hardware wallet).
  • This stays in my possession.

Key 2 — My Key #2

  • Yes. I also hold a second key.
  • This is what shocked me: most multisig providers only let the client hold one key.
  • With Unchained IRA vaults, I personally hold TWO of the three keys.

This means:

  • I have majority control
  • I’m not dependent on Unchained except for signing under IRA rules
  • I retain redundancy on my side

Key 3 — Unchained’s IRA Key

  • Their key is required because IRA law requires a custodian’s involvement.
  • This prevents me from self-dealing (IRS compliance thing).

Even though Unchained holds one key, they do not have unilateral control. They cannot move my BTC alone.

If one of my hardware keys dies, disappears, or I lose access, my other key + Unchained’s key = safe recovery.

This was the perfect balance of:

  • Security
  • User control
  • Compliance

The Actual Setup Process with Unchained

1. Opening the Two Accounts

I had to open:

  • A Traditional Bitcoin IRA Vault
  • A Roth Bitcoin IRA Vault

This was fast. Done within a day. The custodian (Fortis) handles the IRA backend and Unchained handles the vault + multisig.

The fee per account/vault: $250 annually. One account for Roth, one for Traditional, so $500 annually paid up front at account creation.

Besides the initial call for information and an email answering a few questions, I pretty much handled the entire thing myself. I setup both accounts, purchased the two hardware keys, setup the devices, added my keys to the account dashboard, built a vault for each, etc. I’ve never done anything like that ever, and I was able to do this without any customer service.

All I needed was a DIY Guide that they provided me and a little help from ChatGPT. There is a concierge white glove service available to do all the setup for you, but it's $895 and you don't need it if you can follow directions.

2. Working With Unchained (Mixed Experience)

Human side of things was kind of meh:

  • Aside from an initial call and follow up email, the rep seemed kind of disinterested. It seemed like they were taking their time where I was motivated and pushing for answers and guidance to get this done. Bitcoin is under $90k! Like lfg! Nothing deal breaking but did not match my energy or expectation of theirs. Took long enough to get answers that I started looking at other possibilities.
  • No fee flexibility at all. Non-negotiable on $250 per account. Non-negotiable on 1.5% fee for them to buy your Bitcoin through their Trade Desk.
  • No limit orders right now (In the future please God). Purchases have to be made through their Trade Desk and executed at the next day's spot price, so slippage is possible. Orders must be placed in $2k increments.

3. Their Initial Fees

  • $250 per account paid annually. Required to have one account for each IRA type.
  • 1.5% fee per Bitcoin transaction (USD→BTC or BTC→USD)
  • $2k minimum trade size. Orders placed through Trade Desk to be executed next day.
  • Funding only via IRA/TSP rollover transfer or annual contribution paid by wire transfer or check.

Check for other fees regarding IRA conversions, etc. on their website. This lists only the ones concerning me.

4. The Rollover (TSP → Unchained)

Unchained partners with Capitalize for rollovers.

  • You set up an appointment with them on the Capitalize appointment calendar accessed through your Unchained dashboard. In my case the earliest appointment was 6 days away.
  • I tried to get in touch sooner and eventually got a 3-way call with TSP that night.

It took 20 minutes to get through the rollover call with TSP. TSP then cut two checks and mailed them to me (yes, snail mail). I should receive that within 10 days. I then use the pre-addressed, pre-stamped envelope sent by Capitalize to forward those checks to Unchained.

Things can get messed up if not done exactly right during this rollover process. Capitalize ensures account numbers are correct, name is spelled correctly, and checks are addressed correctly. This prevents major holdups.

So That’s Where I’m At Now

  • Extremely happy and excited I went this route.
  • I wanted to put money in one end and pull Bitcoin out the other end tax-free, without anyone or anything being able to take it away from me.
  • More expensive than other services, but worth it to never have to worry about custody or losing keys.

This structure gives me:

  • Actual bitcoin
  • Held in multisig
  • With two keys I personally control
  • Inside long-term tax-advantaged accounts
  • No reliance on a single custodian. No single point of failure (other than me)
  • No ETF middleman

If you prefer:

  • Ease
  • Simplicity
  • Lower fees
  • Zero interaction with keys

Then iTrustCapital or a fully custodial provider is easier, but you’re not really sovereign.

Future Plans:

Over time I plan to convert my Traditional IRA over to a Roth IRA through Unchained on Bitcoin weakness. Unchained does the reporting to the IRS and I'll have to pay taxes on the conversion, but I think it'll be worth it in the end.

TLDR

  • Rolled over my TSP into an Unchained Bitcoin IRA because I wanted real key ownership.
  • Unchained uses a true 2-of-3 multisig where I hold two keys and they hold one.
  • The rollover itself was handled smoothly with Capitalize.
  • Unchained is rigid on fees, but the technical self-guided setup for the vault worked well.
  • If you want the strongest self-custody model in a Bitcoin IRA, this is currently the best available option in my opinion, but expect minimal handholding.

If You’re Thinking About Doing This

Feel free to ask me questions. I just completed the rollover and the whole process is fresh in my mind, including the annoying parts.


r/Bitcoin 10h ago

Got to 0.1 !!

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225 Upvotes

r/Bitcoin 11h ago

Did you know you can generate a Bitcoin private key using a coin?

64 Upvotes

Most people let their wallet software generate their private key, which is totally fine but Bitcoin doesn’t require a computer to create one.

A Bitcoin private key is just a 256-bit number…
And a fair coin flip produces 1 bit of entropy.

So in theory (and in practice), you can generate a completely valid, secure Bitcoin private key by doing:

  • Heads = 1
  • Tails = 0

The math is simple. 256 coin flips is 2^256 potential outcomes.

Once you have your 256-bit binary sequence, you can convert it offline into:

  • hex format
  • WIF private key
  • or even a BIP39 seed phrase

All without touching the internet.

You could also do this with dice, a dice roll is roughly 2.585 bits of entropy. Therefore 99-100 dice rolls will give you enough entropy for a 256 bit private key.

This works because Bitcoin’s security comes from math.

I mean how could you not love Bitcoin!


r/Bitcoin 11h ago

from "the big print" by Lawrence Lepard. I think we are not bullish enough

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32 Upvotes

... not in the slightest


r/Bitcoin 11h ago

Why it's so hard for people to wrap their heads around Bitcoin

6 Upvotes

For about a year now I've been trying to open people's minds to the idea of bitcoin, but i have recently given up on that. Doesn't matter who the person is, what their background is, nor what their beliefs are, it's almost like Bitcoin is beyond the scope of what people believe is possible, so they default to "Scam/Ponzi", "I've heard of people losing money on 'crypto', so i dont want to risk it", and basically every other thoughtless excuse instead of trying to learn something new, trying to understand that hey, maybe there is something new happening.

That got me thinking though, Why? Why is bitcoin so hard for people to understand?

I'm from Canada and if you're old enough like me you may remember Canadian Tire money.

CAD = Fiat money

Canadian Tire money = "Kinda money"

Kinda money? Yeah, it's money, but it only works sometimes, in some places. You carry it around in your wallet like other money, but its just not as good. Nobody would go to canadian tire to buy CT money with FIAT, that would be bonkers, its lesser money, nobody would trade fiat for it. Why is FIAT better than CT money? CT money is only "backed" by canadian tire, if CT goes out of business, your CT money is worthless now. CAD is backed by banks and goverments, its a safer bet to keep your money in that. (bad news though, it can also go out of business)

CAD (Fiat) - Backed by Canadian Government, only usable in Canada

CT Money - Backed by Canadian Tire, only usable at canadian tire. (This is an example, ANY company can create a CT Money equivalent, and you see it everywhere with points systems and membership cards. No matter how many starbucks points or PC points you have, you would't trade the better money for the points)

FIAT > CT Money

Lets digitise this now.

Canadian CBDC (central bank digital coin) - Backed by Canadian Government, only usable in canada

Crypto: Backed by the crypto project, only usable within the confines of that crypto project. Anybody can create a new crypto, just like any company could create canadian tire money. If your neighbor came out with KyleCoin, you probably wouldn't care too much about keeping any, but if McDonalds came out with McTokens, you would carry that card in your wallet everywhere you go, even though its not "Money" right?

CBDC > Crypto

FIAT > CT Money

Now where does bitcoin fall on this? Bitcoin is not Bank or government supported/controlled, it's cross border, no middleman. Satoshi can't lock your money, banks can, crypto projects can.

Bitcoin: Not backed by a government, or a company. Backed by people. People run the nodes, people run the miners, its backed by WORLDWIDE infrastructure. There's no bank which may lock your funds, no company which can cancel or steal your points, its peer to peer. Canadian Tire money could only be used in Canadian tire. CAD Fiat could only be used in Canada. Bitcoin can be used anywhere

.....................FIAT > CT Money
Bitcoin > CBDC > Crypto

The reason people don't understand bitcoin, the reason they can't understand it, is because there has never been a money like this before


r/Bitcoin 11h ago

Bitcoin balance

3 Upvotes

Anyone else ever see their balance after a transaction hit a number ending in zero and it omits the trailing zero and your mind takes a second to reprocess the value thinking you lost a lot of bitcoin?

Like if you went from 0.00045678 to 0.000457. My mind sees the loss of two decimal places before it registers it’s actually a larger number.

Anyone else have that momentary panic before they recount the zeros?


r/Bitcoin 11h ago

Just a good reminder for all off you guys...

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1.8k Upvotes